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Vijay Shekhar Sharma to buy 10% stake in Paytm from Ant Financial
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Paytm founder Vijay Shekhar Sharma will acquire 10.30% stake in Paytm from Antfin through an off-market transfer, the company said in an exchange filing. On closing of this transaction, Sharma’s shareholding in Paytm (direct and indirect) will increase to 19.42%, whereas Antfin’s shareholding will reduce to 13.5%.
(This is a developing story. More to follow)
. Read more on economictimes.indiatimes.comAbout this in other media
Adani Group approves MoU to buy remaining stake in Quintillion Business Media economictimes.indiatimes.com /1 year ago
Ant deal revives question on Sharma’s position at Paytm livemint.com /1 year ago
Vijay Shekhar Sharma Doubles Down On Paytm; Increases Stake; Stock Skyrockets | Details livemint.com /1 year ago
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